Common use of Sub-participation Clause in Contracts

Sub-participation. For the avoidance of doubt, each Lender may grant sub-participations in respect of any or all of its rights and/or obligations under any Finance Document to any person.

Appears in 3 contracts

Samples: Facility Agreement (WuXi PharmaTech (Cayman) Inc.), Facility Agreement (China Mengniu Dairy Co LTD), Facility Agreement (Shanda Media LTD)

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Sub-participation. For the avoidance of doubt, each Lender may grant sub-participations in respect of any or all of its rights and/or obligations under any Finance Document to any personperson provided that sub-participations shall not result in increase in amounts payable by the Borrower to such Lender.

Appears in 2 contracts

Samples: Facility Agreement (WuXi PharmaTech (Cayman) Inc.), Facility Agreement (WuXi PharmaTech (Cayman) Inc.)

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Sub-participation. For the avoidance of doubt, each Lender may grant sub-participations in respect of any or all of its rights and/or obligations under any Finance Document to any personperson and no consent of any Obligor shall be required in respect of any of such sub-participations.

Appears in 1 contract

Samples: Senior Facilities Agreement (OneSmart International Education Group LTD)

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